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Asialink secures P300 million credit line from Taiwanese bank

Asialink Finance Corp. has secured a P300-million credit line facility from Taiwan’s Cathay United Bank, shoring up resources that small borrowers can tap into for their expansion plans......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Indian banking sector continues to improve with better asset quality, high credit growth: Survey

New Delhi [India], March 21 (ANI): The health of the Indian banking sector continues to improve with better asset quality and high credit growth, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) showed. The eighteenth round of the survey was carried out for the period July to December 2023. Those banks that were surveyed together represent about 77 per cent of the banking i.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Lending startup unveils credit card for Gen Zs

Technology startup firm Zed Philippines Inc. has launched a Mastercard Titanium credit card with zero interest, zero foreign transaction fees and no annual charges, aiming to roll out these cards to the market within the coming months......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

UBS sees 2-digit credit growth for Philippines banks

Banks operating in the Philippines are expected to post a double-digit credit growth this year on the back of robust economic expansion, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

BPI lends fresh P7 billion to Home Credit Philippines

Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Tax credit scam: 5 ex-DOF execs get 8 years

The Sandiganbayan has affirmed the conviction of five former officials of the Department of Finance for graft over the multibillion-peso tax credit scam in the 1990s......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

High rates dampen credit growth in 2023

he expansion of credit in the country slowed last year as the still elevated cost of borrowing dampened demand, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Struggling with credit card debt: Renters and low-income individuals fall behind – The Daily Guardian

Title: Financial Challenges Persist for Certain U.S. Population Despite Strong Economy Subtitle: Rising inflation, credit card debt, and student loan burdens threaten the financial well-being.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

BPI sees stronger credit growth

Bank of the Philippine Islands expects a robust growth in credit this year amid the country’s economic expansion and the planned interest rate cuts by the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Wise takes no credit

PBA legend Francois Wise claims no credit in how his godson Bennie Boatwright Jr. has become an outstanding basketball player although it’s often mentioned he was responsible for teaching the San Miguel Beer import his rebounding techniques......»»

Category: sportsSource:  philstarRelated NewsJan 25th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Oil firms to slash pump prices on April 30

Oil firms are set to implement a rollback in pump prices on Tuesday, April 30. .....»»

Category: newsSource:  philstarRelated NewsApr 29th, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

DOH warns health workers vs gifts from pharma firms

The DOH on Monday issued a memorandum on upholding ethical standards following reports of pharmaceutical firms offering privileges to medical professionals and using multi-level marketing tactics to promote prescriptions. .....»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

State firms get higher subsidies

The government ramped up its budgetary support to state-run firms by 35 percent to almost P13 billion in February, with the bulk of the subsidies intended to fund irrigation projects......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024

IT-BPM firms deemed best places to work in Philippines

Firms engaged in information technology and business process management topped this year’s list of the best places to work in the country......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Korean firms to help curb Northern Samar floods

Korean firms to help curb Northern Samar floods.....»»

Category: newsSource:  sunstarRelated NewsMar 18th, 2024

2 logistics firms expand in Balamban

2 logistics firms expand in Balamban.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024